Business
UNICAL Establishes Micro- Finance Bank

The Vice Chancellor of the University of Calabar, Prof. Zana Akpagu, will officially commission the new branch of UNICAL Community Micro Finance Bank (UCMFB) in Bekwarra Local Government Area of the state before the end of the year.
Inside sources revealed that the bank will have two Automated Teller Machines (ATMs) which will be the first in the history of the local government.
This is in fulfilment of his promise during the award of the highest Chieftaincy title in Bekwarra while Prof. Akpagu, from the Northern Senatorial District of the state, announced that he will open a new UCMFB in the area.
Prof. Akpagu, who doubles as the Chairman of UCMFB, pledged to open a new branch of the bank in the area in line with his administration’s policy to expand the operational framework of the bank across the state for more effective business and service delivery.
The paramount ruler of Bekwarra, His Royal Majesty, Linus Ogbeche Odey, in his speech during the occasion decried the sufferings of his people in having any bank related financial transaction since the local government lost its first small micro finance bank over a decade ago.
At the time of filing this report, the building, with state-of-the-art facilities is almost 90 per cent complete with ATMs ready to be commissioned and opened for business.
By: Friday Nwagbara, Calabar
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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